Market Overview:
The global heat exchanger plates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heat exchangers in various industries, such as food, beverage, chemical, textile, cosmetics, pharmaceuticals and oil & gas. In addition, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market. The global heat exchanger plates market can be segmented on the basis of type into stainless steel, copper, aluminum titanium nickel and others. On the basis of application ,the market can be segmented into food beverage chemical textile cosmetic pharmaceuticals oil & gas among others .Regionally ,the global heat exchanger platesmarket can be dividedinto North America Latin America Europe Asia Pacificand Middle East Africa .
Product Definition:
heat exchanger plates are the metal sheets that make up the bulk of a heat exchanger. They are used to transfer heat between two fluids, typically water and steam, as they flow through the system.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic, electrical, and chemical properties. It is also known as ferritic or hard iron. The majority of stainless steel used in the manufacturing industry comprises ferritic material while another major share comprises deformed material which are both types of very high quality.
Copper:
Copper is a soft, malleable metal that is strong enough to be used in plumbing but can be easily bent and shaped. It has excellent electrical and thermal properties making it useful for various applications. Copper has been used since the beginning of history as an important material for fabricating tools, weapons, containers, etc.
Application Insights:
The food, beverage and cosmetics application segments led the global heat exchanger plates market in 2017. The demand for these products is driven by their ability to separate various types of particles, including bacteria, viruses and particulates from fluids. They are also used in several other applications such as pharmaceuticals and oil & gas industry.
The textile industry is one of the prominent end-users of these products due to its requirement to remove moisture from fibers during processing such as carding, spinning or weaving.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of end-users, along with increased energy expenditure and environmental concerns. The region is expected to witness significant growth over the forecast period on account of rising demand for heat exchangers from various industries.
The U.S., being one of the most developed nations across North America, has witnessed an increase in demand for technology upgrade across several industrial sectors such as food & beverage, pharmaceuticals and chemicals among others.
Europe accounted for a major share in terms of revenue generation owing to its well established chemical and petrochemical sector that requires constant maintenance at low temperatures throughout their production processes. Europe also houses several food processing units that require efficient heating solutions due these processes involve high volume handling operations at low temperature levels (around 0°C).
Growth Factors:
- Increasing demand for heat exchangers in various industries
- Growing awareness about the benefits of using heat exchangers
- Technological advancements in the manufacturing of heat exchanger plates
- Rising demand for energy-efficient and environment-friendly products
- Growing popularity of plate heat exchangers over other types of heat exchangers
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Exchanger Plates Market Research Report
By Type
Stainless Steel, Copper, Aluminum, Titanium, Nickel, Others
By Application
Food, Beverage, Chemical, Textile, Cosmetics, Pharmaceutical, Oil & Gas, Others
By Companies
Omega, Mosman, DVAI, Athco Engineering, FIC, Micro Coils, Shineheat, Deprest, Heat Transfer Technology AG, Ziemex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Heat Exchanger Plates Market Report Segments:
The global Heat Exchanger Plates market is segmented on the basis of:
Types
Stainless Steel, Copper, Aluminum, Titanium, Nickel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Beverage, Chemical, Textile, Cosmetics, Pharmaceutical, Oil & Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Omega
- Mosman
- DVAI
- Athco Engineering
- FIC
- Micro Coils
- Shineheat
- Deprest
- Heat Transfer Technology AG
- Ziemex
Highlights of The Heat Exchanger Plates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel
- Copper
- Aluminum
- Titanium
- Nickel
- Others
- By Application:
- Food
- Beverage
- Chemical
- Textile
- Cosmetics
- Pharmaceutical
- Oil & Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Exchanger Plates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat exchanger plates are metal plates that are inserted into the exhaust pipe of an engine to transfer heat from the engine to the atmosphere.
Some of the major players in the heat exchanger plates market are Omega, Mosman, DVAI, Athco Engineering, FIC, Micro Coils, Shineheat, Deprest, Heat Transfer Technology AG, Ziemex.
The heat exchanger plates market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Exchanger Plates Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Heat Exchanger Plates Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Heat Exchanger Plates Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Heat Exchanger Plates Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Heat Exchanger Plates Market Size & Forecast, 2020-2028 4.5.1 Heat Exchanger Plates Market Size and Y-o-Y Growth 4.5.2 Heat Exchanger Plates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 Copper
5.2.3 Aluminum
5.2.4 Titanium
5.2.5 Nickel
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverage
6.2.3 Chemical
6.2.4 Textile
6.2.5 Cosmetics
6.2.6 Pharmaceutical
6.2.7 Oil & Gas
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Exchanger Plates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Exchanger Plates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 Copper
9.6.3 Aluminum
9.6.4 Titanium
9.6.5 Nickel
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverage
9.10.3 Chemical
9.10.4 Textile
9.10.5 Cosmetics
9.10.6 Pharmaceutical
9.10.7 Oil & Gas
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 Copper
10.6.3 Aluminum
10.6.4 Titanium
10.6.5 Nickel
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverage
10.10.3 Chemical
10.10.4 Textile
10.10.5 Cosmetics
10.10.6 Pharmaceutical
10.10.7 Oil & Gas
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 Copper
11.6.3 Aluminum
11.6.4 Titanium
11.6.5 Nickel
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverage
11.10.3 Chemical
11.10.4 Textile
11.10.5 Cosmetics
11.10.6 Pharmaceutical
11.10.7 Oil & Gas
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 Copper
12.6.3 Aluminum
12.6.4 Titanium
12.6.5 Nickel
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverage
12.10.3 Chemical
12.10.4 Textile
12.10.5 Cosmetics
12.10.6 Pharmaceutical
12.10.7 Oil & Gas
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 Copper
13.6.3 Aluminum
13.6.4 Titanium
13.6.5 Nickel
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverage
13.10.3 Chemical
13.10.4 Textile
13.10.5 Cosmetics
13.10.6 Pharmaceutical
13.10.7 Oil & Gas
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Exchanger Plates Market: Competitive Dashboard
14.2 Global Heat Exchanger Plates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omega
14.3.2 Mosman
14.3.3 DVAI
14.3.4 Athco Engineering
14.3.5 FIC
14.3.6 Micro Coils
14.3.7 Shineheat
14.3.8 Deprest
14.3.9 Heat Transfer Technology AG
14.3.10 Ziemex